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Is South Delhi over-hyped and over-priced?

By KRC BLOG on Thursday, March 17, 2022

South Delhi property prices are way above what anyone would imagine, if one was coming from a world class city to India. And they often say it is all over hyped and over priced and that one could get a mansion in the US or UK for this same price. And I am sure that’s …

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HOME BUYER

How much will real estate prices rise?

By KRC BLOG on Tuesday, March 15, 2022

Real estate has been over-priced and will stay over priced for a very long time it seems. The reasons are many, but the main one is the lack of investment options for people sitting with cash aka black money. You see, real estate is the only option people have when they have crores sitting in …

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HOME BUYER

Circle Rates or Lazy Governance

By KRC BLOG on Saturday, February 26, 2022

Circle rates are the minimum value assigned to a category of properties at which they may be registered meaning that the government would charge stamp duty at that value even if the transaction value is lesser, or on transaction value if the transaction took place at a higher price than the circle rate. The idea …

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HOME BUYER

Have the realty prices really shot up?

By KRC BLOG on Friday, February 4, 2022

Most places in India have seen a dramatic price rise recently. Gurugram has seen prices more than double in about a year. South Delhi Luxury builder floors and bungalows (or just land) has gone up in price by about 15-20% depending on locality and location. Top floors with terraces have gone up even more dramatically …

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HOME BUYER

3 ACTIONS EACH HOME BUYER MUST TAKE

By KRC BLOG on Friday, February 4, 2022

Searching for homes can be very confusing and exhausting when buyers are not clear on what they want and how to transact. The home buying process is one of elimination and if you are not clear which ones to eliminate and which ones to shortlist, you will not be successful. Often prices go up if …

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HOME BUYER Uncategorized

Ready to move properties in most demand

By KRC BLOG on Friday, February 4, 2022

Ever since covid hit, the demand for ready to move properties have been in heavy demand and the inventory of ready to move builder floors in South Delhi keeps getting sold as soon as they near the finishing/ final stage. You will normally notice that the Top Floors with terraces get sold in booking (even …

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Gulmohar Park Uncategorized

Beautiful Gulmohar Park

By KRC Real Estate on Friday, April 23, 2021

Gulmohar Park is one of the most beautiful colonies of South Delhi, along with others like Neeti Bagh, Anand Lok, Mayfair Gardens etc. But Gulmohar in itself has qualities that give some very good advantages.    The colony was allotted originally to journalists and later everybody else also got mixed in. It is named after …

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Tenants

How to know if the tenant is going to cause you trouble

By KRC Real Estate on Sunday, January 24, 2021

Are you worried about whether or not the new tenant you are planning to give your house to will cause problems in the future or will he behave and act like a saint? Let’s explore how you can find out. Generally when you are renting out your property, the following are the concerns generally: Will …

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General

Why did property prices not crash and actually increased

By KRC Real Estate on Tuesday, January 12, 2021

When the pandemic hit, there was a panic and for correct reasons. Everything was closed, there was uncertainty about how long this will be, how dangerous this disease really is, and how badly the businesses will be affected. The stock markets crashed for a bit of time, there were some very cheap deals in real …

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General

Used Vs New Builder Floors

By KRC Real Estate on Monday, August 31, 2020

Should one consider buying a used builder floor or stick only to a new builder floor? Of course, a new builder floor will cost you more and a used one will be relatively cheaper. But sometimes you might end up getting an almost new builder floor for a few crores (or lakhs, depending on the …

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